A further 17 people have been declared bankrupt in Orange this year.
The latest Australian Financial Security Authority figures show there were 17 new personal insolvencies in the Orange region in the first quarter of 2019, which is down from 21 in the last quarter of 2018.
The figures also showed that almost all insolvencies in the region in the past six months were non-business related.
Financial adviser Russell Tym, the owner and managing director of Moneylink Financial Planning, said few people sought financial advice before they went into bankruptcy.
"We don't generally tend to see these people. They don't seem to really ask [for help]," he said.
Mr Tym said one positive out of the statistics was the low number of business-related financial failures which suggested business in Orange was not in trouble.
Since 2013 the highest number of bankruptcies experienced in Orange in one quarter was 33 in the first three months of 2015.
It had followed a nearly-as-bad figure of 30 in the previous three months and two figures of 29 insolvencies per quarter at the start of 2014.
The AFSA figures also showed there were 21 new insolvencies in Dubbo, eight in Bathurst and 13 in the Lithgow-Mudgee region.
Wyong was hit worst in NSW with 60 people declared bankrupt in the first three months of the year.
The figures also revealed 728 people in NSW outside of Sydney were declared insolvent in the first quarter of the year compared to 1082 in Sydney.
The regional figure was down by 35 people or 4.6 per cent from the December quarter.
- WORST TIMES FOR INSOLVENCIES IN ORANGE
- March 2015, 33 people declared insolvent.
- December 2014, 30
- June 2018, 29
- March 2014, 29
- December 2013, 29
- September 2017, 26
- March 2017, 25
- December 2015, 24.
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